Nokia and Innventure announce the signing of an agreement on a satellite communication technology from Nokia Bell Labs.
This agreement will accelerate the commercialization of Nokia Bell Labs satellite communication technology and its intellectual property.
The collaboration with Innventure will be led by Nokia Technologies. Innventure and Nokia will initially focus on Adaptive Bandwidth Management (ABM) technology, which improves the use of bandwidth, security and resiliency of satellite systems.
"Over the course of its history of more than 90 years, many of the fundamental technologies on which digital communication devices, systems and networks, such as 5G, were invented by Nokia Bell Labs," says the group.
Innventure will acquire the rights to Nokia's ABM technology and will be responsible for the development and commercialization of this technology.
Jenni Lukander, president of Nokia Technologies, said, 'The Innventure approach has great potential to further develop Nokia's business innovations. '
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